The New York Herald Newspaper, October 20, 1853, Page 3

sent. This delegation consisted of the Rev. T. B. Fuller them should be sustained, even by the issue of sew bonds} India_— Sensation Austria. of the Emperor ef Austria is definitely th April next. Prussia. OOMMERCIAL TREATIES—THE BERLIN BA CASE OF VON RENSCHE. + Negotiations are commenced between Prussia and France with a view to effect a commercial treaty between France and the Zollverein. ‘The anticipated alteration in the rate of discount had taken place at Berlin, the bank having raived the rate of interest from four to five per cent. , : ‘A case involving the rights of naturalized American Gitiens is still under the attention of the legation at Berlin. Henry Von Rensche, an we announced before in the Hanain, a Prossian, was condemned in 1849 to four rs imprisonment for an offence against the press, In Faso ‘be ted to the United States, and took the requisite ateps te naturalize ax a citizen. About @ year since yeturned, on private business, to Hamburg, where he. arrested and given up to the Prussian sutl orities. Since then he bas remained im the jail of Leignitz, and claims the interference of the United States on his bebalf. ‘™e Oned for the THE Germany SBE GHEAT FAIR AT LEIPSIO—TELEGRAPKS AND PASSPORTS, ETC. Leipsic Michaelmas fair, just over, was declared to have ‘deen highly productive and avantageous to dealers of all Kinds, except to jewellers en gros. Leather and woollen cloths had been carried of at an advance upon Karter ices, and large orders had been given from the United tes and Maly. Owing to the excitement caused by the transmission of false intelhgence, the Continental Telegraphic Associa. tion have adopted new regulations. For instance, persons pending despatches must prove their identity by their pasuport, er other guarantee of responsibility. With bao aad must be sent the words, ‘the sender is ac- Holland. RorreRvaM, Oct 5, 1863. 1 carrying off many victims in'this city The number ef cares in the cholera hospital of the latter, from September 30 to October 3, was 81, of which 57 terminated fatally. Yesterday four mere persons died in that establishment, and 29 others were under medical treatment. It is now known that the crew of the Pnglish schooner Bart, captain Ward, have been saved. The above vessel, ound from Liverpool to Rotterdam, sprung a leak on the ‘Zith ult. Cate igen The English schooner Horracks has ‘been brought to Flushing by some Belgian pilots. The eaptain and some of the crew were carried off by a heavy ‘and the two sailors who, together with the captain's wire, remaired on board, were found in a disabled state. The tchooner, bound from London to Sunderland, was @rifting about when discovered by the above pilots. The following is the text of the reply made by the King of Holland to the address of the Second Chamber:— Gentlemen—I beg you to assure the chamber that its address bas given me much ratisfaction. | remark with pewure the high importance which the chamber attaches the reciprocal confidence between the sovereign and ‘the people, and to the consolidation of the bonds which, fer ages past, have attached the Netherlands to the house of . Let the chamer be convinced that its senti- ments will find an echo in me, and that I highly appre- gate them. Badge the influence of the political intelligence a mera! fall of prices has taken place at this bourse. Bate stocks have fallen 1 per cent; Mexican, 1 per cent; Austrian, 124 per cent; and Peruvian, 2 per cent. Glosing prices—Dutch Four per Cents, 93; do. Two-and- a Half per Cents, 6144; Spanish Deferred Three per Cent 1-16; the Couponr, 534; Austrian Five per Cent Metal 7834; Gramada Deferred, 813-15; Peruvian New, 7012; Mexican New, 225; Portuguese New, 38 5-16; Granada Active, 20%; American Bank shares, 4; Exchange on London, 11.8235, sbert. Awsyernam, Oct. 4, 1853. Greece. Toe Augsburg Gaseltc states, on the authority of a let- ter trom Athens, dated the 33d ult., that the Lord High @ommissioner of the Jonian Isles, and the Hon. Mr. Wyse, Baglich ambassador at Athens, had paid a visit to Zante, after which the latter returned to Athens, and the former went by a steamer toCandia, “It is probable,” adds the @azctic, ‘ that the Republic of the Seven Islands will be- eof vight islands,” The Civil War in China. {From the London Times, Oct. 5] We bave been favored with the following letter from a aaval efiicer om the China statio Hynaes, SHancrtar, July 9, 1853. 1 take this opportunity of writing a few lines about the fmpertant and interesting movement here—our boats Baving just returned from Ching-kiang-foo, where they had been in search of rome deserters from the Salaman- der, enticed away by the Toutar’s (Chinese Governor's) le. PeFhey report that the insurgents, by the oonfession of the Imsperialiste, contirmed by themselves, had taken Fang- PERE, the capital of « department, some time since, and ‘Beaten a large force which we knew to be somewhere there, under Keshen. ‘The latter also stated—and I have mo doubt of it—that they had taken Kwei-tih, also the 1 of a department, and close to the Yellow river. 1m the few vessels at the mouth of the Grand Canal, aa compared with what there were there when we and from tke few troops at Ching -kiang-foo (from 000 fo 6,000), ee ecinpared with what then were there (50,000 or 60,000), they must have a large force in the Many have Leen inclined to say that they were losing all the moral effect of thelr capture of Nankin, and that they showed themselves unequal to an emergency : but it ap- to me that their plans have been and are admirabie. women, from Quang-si, whom it would have embarrasse then, or rather at the same time, commenced fortilying to keep the imperialists under the impression that x » Ihave no doubt that their intentions when we “We are waiting for orders from the Tae-pin; feo, and I fancy the whole of the army of General Heang undertake the charge. were Loe oy @ommissariat, for, as they have stop; the supplies . Fiey brought away a quantity of children, and, Tauppose them exceedingly to have carried on at present ; 40 they Sertified and provisioned Navkin for their reception ; and Ghing-kiang-foo, as the key to the Grand Canal, leavii force enough in’ them to defend them, and, by occasional force was greater, and so draw off attention from jas their real object all alon, were up in the Hermes, was to proceed thither with all convenient haste, but they evaded our question by say- ” or, ‘waiting fora revelation as to where we ‘The effect hes been to keep 15,000 men at Ching klang- —be that was lately made Viceroy of seven provinces, | aad though Foci dey and is now ordered up to to lose bis head. Soon they will not get any one to While the insurgents were fortifying these places they altering boats—I presume to carry their gene nerth, they ‘would require to supplies with Building or altering vessels was necessary, be- cause this is rather # low time of the year for the canal. Yon will observe that the places taken rather indieate that they are not travelling by the canal. This may be pertly because it is low, and partly to beat the forces op- to them in detail, or to prevent a junction between the Manchoo army under Keshen and the Chinese arm; under Hoang, near Kankin, for, though they should ad- yance pon Vekin, it would be fatal for them to lose Nan- kin. ere isa large Tartar force in Whagnan, near the mouth of the Yellow river, and they may wish to ‘this for the present. I fancy this last move up to the Yellow river has been made in a fortnight, and the probability is that, es the forees were assembied there, having passed them, their course will be rapid. They still keep up their stoutness. I have it from a yeuy intelligent Chinese Scripture reader, who has been in Bogiand and speaks English very well, that he was told by a soldier, near Nanzin, where he had been, that 1,000 soldiers offered to join the insuggent ranks, bat would not be accepted unless they embrated Christianity, which refused to d ates of Napkin remain open, but, it is said, the in their vicinity is mined. I was much amused by Toutar here, who, when enlarging upon the numbers ofthe imperial army, and depreciating the number ef the insurgents, being asked why they did not retake Nanki Com) in Amenieen Coren {rom the London Times, Oct. 6.) The copy of a correspondence transmit lon. Fant India Court of Directors to Mr, Hugh Flening, for the use and information of the Manchester Commercial Asso- ciation, gives some Interesting items of intel gence re- specting a branch of trade which enterprising Americans have open¢d up with Central Asia. It is well known that the branch of the cotton trade in whieh the manufac- turers of the United States can best compete with those in this country is that in coarse fabrics. In these there is a heavy weight of low priced cotton with comparatively little labor, and the charge of transit on the raw material to this country becomes an important item of cost, whiecb the American manufacturers, with the cotton growing at their own doors, are able to save. The specimen of cloth forwarded by the India Board, with the correspondence, to show the kind of manu- factures which the Amerieans have an to export to India is of a very coarse unbleached fabric, such as we should term in this country towelling, but to the po- alation of India it is seld under the name of sheeting. it is strong, however, and evenly woven, and is a kind of cloth which, as Mr. Melville, Secretary to the Court of Directors, observes, ‘ appears to be well suited to the wants of the Asiatic communities.” It will be seen from the accompanying extracts of the’ correspondence that the American traders have another great advantage over usin the trafic. They ship a load of thexe sheetings to the ccast of India witha FEpIECTED. on board, who takes charge of the sale, receiving in return such raw products as the natives can give and as wil! meet a ready market at brome; and a trade or barter of this kind is conducted at comparatively little cost to that which our merchants incur with large establishments at Bombay, and baving to pay heavy. charges for commissions, and for landing, shipping, and duties. ‘storing, been ‘The subject appears to have reduced to the attention of the Governor-General in Council by Mr. He B. K. Frere, Commissioner in Seinde, on the 27th February, letter, in which he are ly respectable class of (Tz return of vessels from America, which accompanies this letter, thows that of the 15 there were 11 having part of their cargoes of cotton cloth called ‘ Hamee Mericanee,”’ and the number of bales in each was, respe’ ively, 175, 100, 200, 45, 114, 169, 67, 369, 52, 110 and 1.42, Four of them small quantities of refined sugar « od other articles. } Major G. D. Jacob, f peal agent, at Kutch, writing 10th of September, 1862, rays:— ‘On arriving bere Finstituted ino qiries from parties ac- quainted with the trade of the prt, who inform me that within the last five years an i"zereasing traffie im plece goods, I believe sheetings, and generally known by the appellation of ‘‘Merican,” bad sprung up between this and Zanzibar; that much of this was reimported to Zan- aibar after being dyed, the, remainder finding seceptance among the people of the country owing to its lasting longer than the cloths imported lrom’Bombay. I purchased one “than” of this stuff, waeasuring 32% yards, for 23% ko- rees, equal to Compaay’s rupees 6-4-3, and was told that ita price bad been two dollars the piece. to forward a yard of material, containing the mgker’s name. Another piece, of somewhat inferior quality and lower price, was marked ‘ Mrssachusetts sheeting, Lowell.”? ‘This correspondence, which will be read with much in- terest by commercial men, comcludes with a letter from her Majesty’s Minister Plenipotentiary at the Persian Court, contradicting the statement as to the offer all to have been made by the Shah in Mr. Frere’s opening tter. Commercial Affairs. AMERICAN SECUKITIES. ‘The transactions in American securities during the week had heen rather more numerous; but, owing te the rise in the value of money, and to the political anxieties of the period, the market continued to maintain adull ap- Pca Bell, Son & Co. reported present quotations as follows:— United States 6 per cent bonds, 1868...,..1103¢ = 111¢ United States 6 per ot. inser’d stock, 1867-8.110 a 110g “T have the honor to submit,for the information of your Lordship in Council, copy of documents on the subject of American vessels visiting the port of Guader, to the west- ward of Sonmeeanee, on the Meckran coast, during the past season for the purpose of traffic. “The facts mentioned by Mr. Macleod seem to have at- tracted much attention among the native merchants Kurachee, and one of the mest intelligent wrote to me on the subject a short time ago, evidently thinking the matter one of much importance to him and his class. “It is also worthy of remark that I was informed, on similar authority, of the Shah of Persia having olfered to the Candahar government one of his frontier districts to. wards Mekran, on condition of their agreeing to protect the roads leading south and southwest from Candahar. The offer, it was added, was declined at the time, as the district in question was, in the opinion of the Candahar- exe, too far off t> be of use to them; but the alleged offer is not,the less worthy of note. ¥ +My. Macleod has not, I think,over-estimated the extent of the iafluence likely to be exercised over our trade by any such competition, and it cannot be too strongly im- pressed on our own merchants interested in the trade of Central Asia, nor too constantly be borne in mind by our own government and by all its servants—1. That the only means safely to defy such dangerous competition, is to make the most of the great advantages afforded by the Indus as the highway to Central Asia. 2. That is to be done on the part of merchants by sending goods as much as possible direct to Kurrachee, #0 as to avoid the ex- penses of many changes of hands. “On the part of government—l. By improving the port of Kurrachee, and making it safer, more accexsible, and more commodious than it now is; and this, as I have al- ready had the honor to state, can be done at an expense which is, compared with the object, very trifling. 2. By not only fostering, im the liberal manner already sanc- tioned by the steam communication along the river, but by improving the means of communication between Kurrachee and that point of the river (Jurruck) whence it becomes desirable to have better and quicker means of communication with Kurrachee than are afforded by either the water carriage out of the mouth of the Indus, and so by sea to Kurrachee, or that through the tidal channels toGizre'. 3. By improving the roads to Scinde, both those which run at right angles zo the river, and serve as feeders to it, and those which run parallel to it, and would help to convey goods up country by means less expensive than steam, and less tedious than tracking a boat against stream along the viver. Such reads would thus assist bulky goods imported by sea to go up country as much as the steam “aids similar goods intended for export to come downwards to the sea. The more important roads of both classes, as far as the right or western bank of the river is con , are those more particularly recommended in my letter and its enclosures, ‘Appended to this letter are the extracts referred to— one from Mr. Ellis, and the other from Mr. Macleod. The extract signed by Mr. H. B. Elis, assistant Commis- sioner, says “It is known that ships under the American flag periadi- cally visit Guader, on the Mekran coast, with the object of exchanging piece goots for wool. Not above two ves- nels have as yet, as faras I cap learn, taken advantage of this traffic annually, and little harm may have been effected. It is possible, however, that the trade has proved a paying one to esch party, in which case it will surely increase, and if ence ity effects extend inland there is no anticipating the results. An American chipmaster will land a cargo on the Mekran coast at a less expeuse than a cargo of Britich goods can be landed in Bombay. ‘The American has manufactured goods on the spot, and -viz., the capture of | deals directly with the native holders of raw produce; not | no the merchant of Bombay, with his expensive establish- | ment, his brokers’ landing, shipping, and storage charges, a government duty of 5 per cent to meet, and a position | many hundreds of miles distant from the market, where | he waite till purchasers find him out. In 1844 American piece goods were imported here (Kurrachee) from Mus- | cat, and found a sale, notwithstanding the weight of | duties to which they were subjected.’? | Mr. Macleod, deputy-collector at Kurrachee, says:— “Referring to my precis of intelligence of last week, I have the honor to inform you that, from inquiries T have instituted here aniong parties connected with the Mekran trade, I have~ascert that. during the past season four ships, under the Americon flag, visited Guader for the purpose of trafic, and that 90) packages of wool, valued at 16,000 reals, formed the main portion of the return cargoes. The trade is described as one of barter, au far as it can be carried on, the chief articles isttro- duced being piece goods, iron ware, &e., and there being ; no lack of dollars when transactions could not be ether- wise brought to a satisfactory termination. I beg leave to call attention to the fact of four vessels bein, d in the trafic during the bygone season—a proof in itself that it has been found to pay, and an earnest that it will be conducted this season with increased means acd vigor.” The foregoing correspondence having been forwarded, among other agents to Mr. Richard Spooner, acting col- lector of customs at Bombay, he writes the Secretary of government on the 14th of April, 1852, to say that “the value of the importa into Bombay from Meckran, which comprises the ports of Sonmeeanee and Guader, was in | 1845-46, 24,528 rupees; im 1850-51, 119,961 rupees—show- ing an increase in the space of five years of 95,423 ru- peer,”” the trade consisting chiefly of wool, fishmaws, shark fins, euppass, and ghee. Such fayorable results, he thinks, tend to remove the impression that American manufacturers are likely, to any appreciable extent, to supplant those of Great Britain to Central Avia, He 'ap- proves the suggestions of Mr. Frere, and says, were go- vernment to abolish all export duties, except on opium, salt, spirits, tobacco, cashmere shawls and indigo, it would be 2 vigorous step towards the encouragement of “trade; and he adds:— “The trade of Central Asia would seem to be greatly im- led by the enormous transit exactiens of native States through which it passes. I derive my information on this point from the report of the Scinde committee before advertec to. Each camel load, it would appear from that report, pays between Candahar and Kurrachee, as ‘ black mail,’’23 rupees, independent of an export’ ad wlorem duty’ at Candahar of 5 percent. The return trade would seem to be still more heavily taxed.”” On the 10th of April Mr. Frere writes to the govern- ment with further information on the subject:— “‘Vrom Muscat the Americans take dates and tortoiso- shells in exchange for unbleashed cotton cloth of a very coarse ard cheap description, common clocks, spermaceti candles and soap. There is also a large export of dates and salt to India, chiefly inexchange for rice. At Guader ‘Mekran coast) the wool is generally purchased for del- 8, French vessels call on this coast in ballast from Mauritius and Bourbon, and take wheat, the produce of a "Why it is all full of holes; the imperialists drove a | Scinde, dried fish from Soor, near Museat, dates from Os Jot of buffaloes in, and they all disap; ‘afraid to follow lent they should tumb! The whole country seems hostile to the Manchoos, and will turn instantly the insurgents arrive at Pekin’ and fewue their mandates. They have excellent information frem all parts. Thus, there was a large sum of money coming up from Canton for the imperialists; they sent © party of four thousand from Nankin, who made a sweep yound to the south, and cut off the party escorting the treasure, and returned to. Nankin fn safety, passing | through ‘the imperialist army each time. They received our officers and the consular interpreter | mest clously, but expressed & wish that Europeans aboud not vin them antes they intended staying, as the imperialists would take their heads, and say the in- | pis had done it. They were evidently unwilling | that we should know their movements, lest the: should | gs ale and the imperialists became aware of them bot think the latter are getting apprehensive, and are drawing their forces by degrees away from Ching-kiang-foo. They admitted to our offi- gers that fan no expectation of retaking any of the places, and are, indeed, getting quite reckless as to @omrequences, seem! more concerned to know where ae was to be had anything else. Strange to say, first question they asked was, “Have you any oplum to sell?” and onour people visiting their junki, to the wumber of seventy, they found “gg Bo were opium smokers, certainly all the mandarins, dmiral of th so much under its influence two or three | entered our boat to go round th off, as quite unable to go further. These fellows never go into action, and seem quite content if the vessels fire both sides, re- whether they hit anything, or whether there snything to bit, They have a seise, and, be cause not taken or auuk, they report a triumph. The insurgents are daily becoming more popular. See- | that they do violence to so many of the feelings of the the wonder ts how th ey should be so popular a ‘they aS It can only be that the Manchoos are intensely | , #0 they were it one time the Chinese Roman Catholics, (not so the | Eoropean,) were apprehensive of the suooe Gt the Mae ghoos; because, they say, if t! cceed Christianity in | srery ihe Til be prosetibed, p tically if net profess- edly, a1 ads taken off, professedly for ‘ PB ly political There bas been a demand for Christian books, more [tensa from Shang-tung, for the laet month or more, and it continues unabated. Ot ain, ask for Deoks of the samo religion as that of the insurgents, and some have even asked for instructors to be sent among ‘The insurgents are wonderfully satisfled as to their nl- timate and early success—they talk of two or three months. The General at Ching kiang foo said : “Tam getting an old man now, but I could beat any twelve of © fellows opposed to us ;’’ and speaking of arms— “The murketa often mies fire because our po' ia bad ; | and as for thore with eaps, why we don’t understand | ‘them, and if we did we could now, not make the caps; ne, never misses fire, and these ‘mperialiate are it, ‘The greater number of the junks that were sent from fe hs nearly all the ho for grain are goin, empty, fusing to pay their land-tax. Pitvere have been ng to ferve i und the rovessuegy as Se case | D @ goveroment bas jo eae) biged week, Poel Reine Jew Owme With wuporonrgues, wed dey ; man, donkeys and horses, which generally come from Bushire.«, All these goods are usually paid for in dollars.”” Information is appended to this note of five square rigged American vessels being at Muscat, bartering piece goods and coffee for wheat, wool, donkeys, hides, &c., and that ‘a vessel which arrived from Choebur and Guader on the 20th inst., states that an American ship touched at the former place for water. She was on her way to Bushire, and was fully laden with merchandise, consisting of piece goods, tents, cabinet ware, glass ware, gun- pewder, cutlery, ten dogs, and two outlers.”” After further time to prosecute inquiries on this sub- ject, Mr. Frere writes om the 28th of July, 1852, inclosing & pattern of cottom which had been ‘brought to this (Kurrachee) bazaar as a portion of an American consign- ment. The retail price je was raid to be 434 to 5 rupees per piece of 31 to 33 yards. He also incloses in- formation from the deputy collector, that— “Tt is reported in Dessar that by the last advices from Muscat an American ship was at anchor there. One had a few days previous left that port, after having disposed of 700 bales of piece goods for cash, and is now F etiah on the Mekran coast in search of wool er raw produce. The cloth landed from this — Cutohee merchants, which will not unlikely be sent to for wheat, for which at Muscat. This cloth will thus enter into competition with British pro- duce inthe variaus bazaars of Cutch, Kattiawar, and Marwar. It is believed that for several years past there has been a considerable import of foreign piece js at ea fat Bate a fe - Lr tis it rn ee rt, ag it was on! 1 high duties on forei roducé that cheoked the introduction of American piece into Scinde. A return of the imports of goods into - davie from Muscat, however rough, would be of great ser- vice to this deparlment.’? On the 26th of August, 1852, Major Atking Hamerton, consul of the eet, in the dominions of the Imaum of Muscat, éorwarded to the Secretary of the government of Bombay more precise information. and of ‘was purchased chiefly saye at durit | the yearn 1860 and 1851 fifteen ‘veasols of the United States of North America arrived at Muscat. None of these vessels came direct from America to Mus- cat. They generally came from Zanzi ar, Aden, or Bom- bay, where they had first tried the markets, ‘The arti- cles imported to Muscat are ehiefly a sort of coarse cotton clcth, knows in theso countries by the name of American khamee, or, vulgarly, hamee. Khamee means raw, or unbleached,’ and such cloths are, I believe, known among merchants in Europe as’ domestics, These cloths sell at from $1 96 to $2 60 per picce of thirty. one yards each. A bale contains twenty-five pieces, This “sort of cloth, I understand, cannot be pro: duced by the manufacturers in England. Many have tried, and hitherto all have failed to produce the proper article, ‘The American veasels also bring here sundry ar ticles of hardware in smail quantities, chairs, cheese, bis- cuits and tobacco, also refined sugar, which tinds goneral- ly a ready sale, it ix brought in chests, cont. ining about ewt. English, and rells from $8 to $10 per cwt. Many of the Americans go hence to the opposite coast to Gua- der, in the Imaum’s port of the Mekran coast, for wool, which they take in large quantities, but the chief articles of export from Muscat for American vessels are dates, which are procured here at from $20 to $25 the bahar of 18,000 Ibs., and which yields, if they are of the proper sort and reach America in good condition, 100 per cent profit, The wasters of the vevsels are generally the fac- Pennsylvania 5 per cents. 86 Pennsylvania, bonds, 187 trepeacen MeO: Massachusetts 5 per vent dollar bonds, 1872 97 3 98 Massachusetts 5 per cent sterling bds., 1808108» 109 seeeeee a Indiana State ins. stock Maryland per cent sterling bonds, % Visplaia 6 yer cont bends, 1886... % Kentucky ‘6 per cents, 186 99 Tennessee 6 per cents, 18 98 Canada 6 per cent bonds, 1874." : 23g a 113% Boston eity 5 per cents, 1883... 8 a — Boston city 43 per cent sterling bonds....1031 a — ‘New Orleans city 6 per cent bonds, 1993.... 90 a — Belvidere, (Del.,) 6 per ct. Ist mt.'con., 1877 9234 a — Gineinnati and St. Louis 7 per cent Ist mort. 92 3 93 nd Mississippi 7 per cent Ist mort. 893; a 9034 jcago and Aurora 7 percent Ist mort... 83 a 84 Great Western of Illinois, 1868. 98 a 99 Phil. and Read. RR. 6 p. ct. mort. b'ds, 1860 8634 a 8732 Penna, Central RR. 6 per cents, 1880...... 9634 a 974% N.Y, and Erie RR.7 per ct. Ist mort., 1868-9.10734 a 1084 N.Y. and Frie RR. 7 per ct. convert., 1862.. 87 a — N.Y. and lirie RR. 7 per ct. 2d mortgage... — a — FREIGHTS AT LIVERPOOL. Freights to the United States had been rather firmer during the week, and dead weight more plentiful. Steer- age passengers were tolerably abundant to New York, at about £3 10s, Freights were quoted:— Dead weight. Fine goods. Hardware, Ethware: td 8d ad &d kd NewYork 17648226 15 2176 126 90 Boston... 2002250 1762 00 20 100 N Orleans 1508176 1768 00 176 80 LIRERPOOC MARKETS. Oct. 8,—Corrox.—The advices from America, per the Asia, received on Saturday, the 2d inst., had a favorable effect on the market, and imparted a degree of firmness, which, however, was speedily checked by warlike advices from the Fast, and at the date of the Atlantic’s sailing from Liverpoo!, the 6th inst., the market was dull, in which state it had since remained. The Franklin’s ‘ad- vices received at Liverpool by telegraph on the morning of the 7th, having had no effect, prices are irregular, rendering it oifficult to make accurate quotations. The reduction on the week is variously called from scarce @ quotation te ‘ad. per Ib. on the week, Middling qualities, especially Orleans best, retain their value, Sales of the week 86,170 bales, including 3,450 on speculation and 1,600 export. Fair Orleans, 64;4.; middling, 554 a 5%d.; fair Mobile, 634d.; middling, 53d. a 59-16d.;, fair up- lands, 6!4d.; middling, 54d. a 6 9-16d., closing quietly. Breapsrurrs,—The corn market, which during the week was fiat, rallied on receipt of the Eastern news, and re- ined firm until Friday, the 7th, whem more caution was own by buyers, and prices favored purchasers to the ex- tent of 1d. a 2d. on wheat, and 6d. per bbl. on flour. _In- dian corn is quict and unchanged. Quotations of chief firms are—for American white wheat, 98, Od. a 10s. 8d.; red and ced, 9s. 8d., 98, 9d., 108.; Western canal flour, 88s. a 44e,; Baltimore, Ohio, and Philadelphia, 348. a S48, 6d.; India corn, yellow, 395, a 415.; white do., 408, a 42s, Provmsoxs, &¢,—Beet and pork are without change in price, and only » moderate business is doing, Bacon and shoulders are flat Lard is dull—we quoteon the spot, at 598, a 608; some spring sales at 52s, Propucr, &c.—Ashes—Pots are pear's are dull, at 27s. 6d. a 288, Rice is in improved de- mand, for Carolina, 2s, a 25s, 6d. Rosin sold freely, at 65. 9d, a 7x. for eommor, to 10s, forgood. Linseed cakes, £10, thin. Tallow is in good demand, at 688. a 505., Y.C. No turpentine. In spirits of turpentine, for American, a moderate business is doing, at 588. 6d.. Fruit of all kinds in very firm. Tea is in fair demand, at fall prices. Sugar is unchanged, and a limited business is doing. Tobacco is unchanged. BARING BROTHERS’ CIRCULAR. Loxbox, Oct. 7—5 P. M. The colonial and foreign produce markets have been flat this week, business being almost entirely restricted to the wants of the trade, few feeling dixposed to extend their engagements in the present unsettled state of foreign politics; we must except, however, breadstuils, a3 also tallow, and sundry Rw sian products, in which’ specula- tion has been indulged ia to some extent. Money con- tinues in demand, and high rates of discount are paid on long bills; but there is no inconvenient scarcity, and first clasé short paper can be done rather under ‘the bank rates. ‘The funds have been depressed, with great fluctu- tions, Consols leave eff 921; both for money and the ac- count, We have no transactsons in American stocks to notice which would establish pricee. Cocuixzat quiet, and of 100 bags at auction pa found buyers at 1d. decline; Lima 4s, 6d. a 4: riffe 4s, 6d., Honduras silver Ss. 9d. a 5s stack is 8,087 bags, against 11,247 last ye Cocos is without demand, and if sales ware forced, lower prices would have to be taken; 760 bags have been offered at auction, and nearly all bought in. A few lots of Trini- dad have been sold at 82s. a 34e., with 50 bags good red Granada at 30s, a 31s. Corrrs is dull, and rather cheaper to sell, though the rincipal holders continue to display firmness. The pub- ic sales have been confined to 700 casks, $00 barrels and bags plantation Ceylon, which have. principally found Duyers at 548, O1s., andg,000 bags Costa Rica at 498. 0 688,. A fewlots Mocha realized 67s. a 67a. 6d., but 1,100 bags native Ceylon were bought in above the value, "750 bags ordinary having been sold by private contrast at 458. 6d. Nothing done in cargoes afloat. In the conti- nental markets not much doing, but holders are firm. In Holland the deliveries continue large; those from the Trading Company's stores for lust month were 234,600 bags. Corer continues in active general demand, and an ad- vance is rather anticipated. In the Cony trade there has been less excitement this week, and Monday's market was dull; but, extreme firm- ness being shown by holders, prices were maintained. Om Wednesday warlike rumors jrevailed, and very full, and occasionally higher, rates were obtained for choice parcels of wheat. ‘Lact week's average of English was 60s. dd., and 105,608 qrs. returned. To-day there waa decidely less disposition to purchase, and the market closed flatly at the rates of this day week; we quote as befor red wheat 68s, 2 72s., white 72s. a 76s.; flour, fresh 38s., Baltimore and Ohio, Cotros continues very dull with us, the sales for the week not exceeding 1,100 bales, at a further decline of Jad. per Ib, At Liverpool middling Orleans was quoted yesterday 6%44., with a heavy market, ‘Davos, &¢.—the public sales yesterday went off without life, and’few goods were sold. 700 pkgs. castor o'l chiefly sold from 314d. a 43,4. barely supporting the former value, Oil of cassia partly sold at 8s. 9d. a Ys. 1d., bein, 6d. lower. Gamboge sold at £6 178, 6d, a £7 103, ’Animi good pale washed, £11a £11 2s. 6d. Cubebs partly sold at £5 10a. Barbadoes aloes, 858.8 1428, 6d, Cardainons, a Malabar, 2¢. 8d. a 2s. 10d.; Madras, 2s,; Ceylon, 1s. 24, 0 1s. 3d. 20 chects picked rhubarb bought in at bs, Lid. a 4s, 3d. Gambier, 86. 0 Pegue cutch, 55s. a 50s, 200 cages China camphor sold at 106s.Turkey’ opiam, Quicksilver, 28. 2d. Cream of tartar, £3, Saifcom, 25«, Gutta percha, Is 24. a Is. 4d. Java‘india rubber, 10 a 104d, Hroir.—Holers of St Petersburg clean are now asking £38, but we have not heard of over £36 10s. having been paid, Manila firm; 1,076 bales will be offered at auction next week Jute dull for the moment, and of 2,600 bales only 760 bales sold, from £20 108, a £21 168, for common to middling, 10s. a 168. cheaper. IxpiGo—The quarterly sales, comprising 16,526 chests, began on the 4th instant, and are still proceeding, with a small attendance of buyers, who show great reserve in their biddings, owing no doubt to the enhanced value of money, and the unfavorable state of foreign litica, Thun far 6244 chests ave passed sale, of which 2,226 chests have been sold ; the withdrawals have been 3,872 chests, leaving 8,857 chests still for sale, Compared with the July sale, prices of good and fine fuliting of Bengal are from par to 8d. lower, while middling and good con- sumers bring fall rates, and ordinary ad low trom par to 2d. cheaper. The biddings were more animated to-day, and July rates wure generally obtained, Inox—We still qaote common bars £8 a £8 6s. and rails £8 ba, a £8 both free on board in Wales, though to- day, with an order on hand, w ht probably obtain some concession in rails, more lowe jally on cash terms. A good deal of fluctuation has again taken place in Scoteh Pig, the closing price of which for mixed numbers is 63s. ; While #1) No, 1. Gartsherrie cannot well be Uought under Tis., free on board at Glasgow, Swedish, £11 10s, a £12; Russian C. C. N. D., £17; Archangel, £12 16s. Leap in demand, and prices very firm. Linsrep Cakes continue in great request, at advancing prices. New York, in barrels, sell at £11 a £11 6s.; Bos- ton, in bags, held at £10 16s.; thick round Western, at £0 10s, 9 £0 168.; London made brings readily £10 for present, and £10 10s, for forward delivery. Mo.assxs is wanted, and dearer. We note sales of 250 uncheons :—St. Kitts and Antigua at 174, a 178, 6d.; and rto Rico at 17s. 6d Ons.—In fish we have no change to report, prices re- maining steady ; olive quiet at £58 a £07; palm has ad- vanced to 40s. a 41s. 6d.; cocoanut 434. 6d. a 45s. 6d rape is quieter at 40s. for foreign brown, and 41s, for re- fined ; linseed had declined to 30s., but clones firmer at 80s, 64. a 308, Od. on the spot, Bis, to end of year, and 32s, for Jaxuary to June delivery. Rick.—A bout 60,000 bags Lave changed hands privately, at higher prices, up to 16s, for good white Bengal ; and & cargo of 400 tons Arracan has been sold afloat, for the con- finent, at 135.; at puolic wale, 10,000 bags Madras to-day brought 128, 6d, a 14s. Sarrrerre i 1s. dearer, and some holders ask even higher rates; 20s. 6d. has been paid for Bengal, refract 10 Ibs, and S14, asked for 3 Iba. 5,300 bags have been of- fered at auction, of which 8,000 were sold, the remainder being entirely withdrawn. —We note sales of 86 cares nutmegs at 2s. bd. a 46. 1d.; 43 cases mace from 24, 11d # 38,; and 120 cases from 40s. a 678 for emall to fair bold, re have had 8 quiet weok; 2,105 hhds. Wort at steady prices, and about 14,500 bags Mauri- tius and East India. The transactions’ privately have deen confined to a cargo of 860 cases brown Bahia afloat, At 208. 3d, ; one of 3, brown Pernama on secret weiter, 660 boxes yellow Havana (N» J2jq) ot 200. for Bristol; and 1,000 boxes on the spot from 349, 9d. & 39. Our Continental advices are generally devoid of interest, ‘Tatlow—Had advanced eonsiderably. 598, was paid on the spot, but the market has since become quieter, and we leave off with sellers at 588. ¢d. on the spot, 57m. 6d. to end of year, and 58s. dd. for January to March. Tra.—Of 12,122 pres. at auction, about one half was realized at very full rates. By private contract, common Congou has been dealt in to some extent, being now diffi- cult to buy at 113;d.; and there has been a fair inquiry for better qualities at 1+. 1d. a le. 4d. ‘Tiv.—The smelters’ quotations not altered, but pur- chases of bars cannot be made under 128s. a 129., nor of black under . 64.5 Straits, 119%. for 1. C. chareoal and coke res; tively. ‘Tonrenrive.—Rough nominally 15s, Spirits hay declined | Proposed to 69s, for British, and60s, for American. | Woor.—The next series of sales will commence on 20th inst. About 55,000 bales have arrived. FROM JAMES M’HENRY’S LIVERPOOL CIRCULAR. LavEnroot, Oct. 7, 1852. Provisions.—A considerable portion of ‘the sides taken by speculators early in the seasen are now on the market at irregular prices, the quality being unfitted for English consumption. Beef and pork are very dull. Cheese in Jess brisk, and dealers look for a decline of 2s. to 44. Lara steady. Tittow hagfluctuated considerably during the week, but closes at the extreme rates last advised. In Croveasexp there have been no transactions. An immense business been done in A:racan Rice— be Bs Carolina hi been sold at as imprevement of 6d. ansren Cakks have advanced to £10 for thin American. QuERcrTRON Bark is neglected, Breansrorrs continue quiet; a good retail demand is found for all articles. ‘There is no alteration im the quo- tations of last week, though the outside are nominal. Corron.—The irregularity in prices noticed per Atlantic still continues, Ordinary to low middling qualities are yet only in very limited demand, and even the ieee Arp are difficult of sale at the quotations. Strictly middling, more particularly Orleans, is the only quality on which a seller can fx an exact value. Generally the market must be quoted 1-16d. to 14d. per Ib. lower in the week, and cotton in very freely offered at this reduction. In ’Man- chester there in scarcely anything doing. Stock this day, 770,018 bags, of which 470,870 are Ame- rican; do. last year, 506,773 bags, of which 386,951 are American, Sales this week, 36,170 bags, incl 550 American—3,45@ being on speculation, and 1, export. fo for THE LATEST BY TELEGRAPH. CABINET COUNCIL IN LONDON. Loypox, Saturday, Oct. 8. The Cabinet Council sat three hours and a half on Fri- day. Sir William Molesworth was not present, owing to an error of the officer whose duty it is to summons the members of the Cabinet. . FRANKLIN SEARCHING EXPEDITION RETURNED. Commander Inglefield, of the searching ship Phoenix, has returned, but brings no news of Sir John Franklin. He succeeded in depositing the supplies, Commander McClure, in the Investigator, had accomplished the north- west passage, having paised through Bebring’s Straits iato the Arctic sea and returned home by Davis’ Straita. Inhabitants had been discovered further northward than known previously. They were very friendly. Large quan- tities of very pure copper were discovered. FINANCIAL AFFAIRS. Tonnon.-—The closing prices of the 7th are given belew : Consols, money and account, $2.a 92443 Exchequer. bills, 128. a 7s, discount. Parrs Boursr,—The closing prices of Friday, 7th, were as follows:—Three per cent rentes, 72.90; four and half per cent,do., 99.70; bank shares, 2795, ‘At the Paris Bourse, on Friday, scareely any business was done; but the funds were steady. The threes closed at 723, ‘and four-and-a halfs at Wai, sAcsounts hed been received from fifteen towns, in ten of which the price of corn had fallen one franc per hectolitre. Viewya.—The closing prices of the 7th were as annexed: Five per cent metalliques, 90%; exchange on London, 10.58; bank shares, 1,320; gold, 147%. AmstERpAM.—The following are the closing prices of the {th:—Four per ent, Duteh, £3; one per cent Spain, 21; American Bank, 4; Exchange on London, 11.82; sh.; ‘five per cent Austrian Metalliques, 7814. The Austrian metalliques were at 88%, Triermial Convention of the Protestant Episeopal Church, TWELFTH DAY. The Convention assembled yesterday at nine o’clock, an hour earlier than usual, owing to an anticipated adjourn- ment sine dine within a few days. Morning prayer was read by the Rev. Mr. Sparrow, of Va., assisted by the Rev. Mr. Salter, of New Hampshire, who read the lesson. The minutes of the last day were then read and ap- proved, ‘The English delegates, after the morning prayers, took their leave of the Convention; and, upon motion, @ eomn- mittee was appointed to conduet the delegates to the steamer at Jersey City. The Rev. Dr. Potter then informed the house that there was a delegation from Toronto at present in the city, con sisting of two clergymen and two laymen, who had com- munications to make to the two houses. A motion was then made to appoint a committee to in troduce them to the house, which was carried. ‘The question then came up in regard to the amendment of article 2d of the constitution. This article read as follows:— ARTICLE T, The church in ench diocess sha'l be entitled te a represen- jon of both the olergy and the laity, which represontation 01 four of ad in ‘the majority of euftr o each order, provided such inajority eomprshend a majority of the Tepresentediin thst «rder. The concurrence of or ‘onven {o1 or decline to appoint clerical deputi Elect or decline to appoint lay deputies, or if an; Cither order appointed should neglect to attend, cr be Prevented by sickness cr any other accident, sack dio shall nevertheless be considered as duly represented by #1 may attend, whether lay or clerical. should ne- of those of deputy oF deputies ‘And if, through the noglect of the donvention of any of the churches which shall have adopted, or may hereafter adop' th fation, no depution, either. ay oF clerical, showid general convention, the churches in such dio- evertheless be bound by the acts of wach cou- vention. This question had long before been debated, and various Prereeat ni dart to this article and lost. The last debate upon ubject ended in referring it to the con- sideration of a special committee, who were instructed to repcrt thereon. This committee finished their labors so as to present yesterday the following report, with the ar- ticle annexed proposed as a substitute to the above article second of the constitution:— subject of so alter nstitation iD, tn to require that no persous be eligible to this convention ex cept suc! ts ol it ‘as are commun} this churoh, bog recommending the adoption of the following revo- Resolved, the House of Bishops eoncurring, That it is ex- pedient to amend the constitution by substituting for second article of the samo the following arti ARTICLE I, ‘The church in each @oeses shall be entitled to a represen: tation of both the clergy and the laity, such represontation shall consist of not more than four clergymen and four Iny- men, communicants in this church, residents in tae diocess, and chosen in th: thereof, and in all qu and Iay representatio have one vote; and the majority of suffr: iy. be conclusive in each order, provided such majoritj hend a majority of the diovet represente ‘The concurrence of both orders shall bo necessary to oon: stitute vote of the convention. If the convention of any diocese should negloct or decline to appoint elorical doputies, or if they should neglect or decline to int Iay deputios, or if any of those of cither order appointed should neglect to attend or be prevented by sickness or any other accident, such diocess shall nevertheless be considered as duly repre: tented by auch deputy or deputies na may attend, whether lay or ‘jeal. Aud if, through neglect of the conven- tion of any of the churches which shall have adopted, or may horeafter adopt this constitution, no deputies, cither lay or 1 convention, the Chureh be bound by’ the acts of tio Resolved, the House of Bishops concnrring, That the above Proposed amendment be made known to the several diocesan conventions, ‘Ihe Rey, Dr. Vinton first took the floor in support of this amendment. A long debate arose for and against, when, for the purpose of cutting short the discussion, = motion was made to refer the furth onsideration of this subject to the next general Convention. Upon this motion arose another debate, Dr. Vinton, of New York, again spoke. Ithink with all respect to the gentlemen present, this is one of the most important subjects which have been brought before this Convention, 1 will state that in all the civilized world | there is not an instance where a legislator makes laws for a kingdom to which he does not belong. I hope no fur- ther reference to this question will be made. Let us now declare that none shall legislate for the church of God, except those who are strong in Ilis faith. The Rey. Dr. Burroveite, of New Hampshire, offered the ollowing resolution as a substitute to the canon before the house:— Resolved, That while this General Convention recognizes the propricty of sending as delegates only thore who are com- mounicante, and recommend to the different diocesses to vend | puch, they decm it inexpediont to legislate upon this sul t. J<Xiter some discussion ‘upon this mbatitut, the vote was | taken upon it, which resulted in its rejection. The motion to refer to the next General Convention was | all compre- in that onter, withdrawn, ard the vote came up upon the resolution at the close of the preamble of the report, proposing the amendment to the constitution, which was adopted. The second resolution at the close of the proposed Amendment was then voted upon and carried. ‘A motion was then made by Judge Cosnan, of Va., that during the remainder of the session no one should occupy, | in speaking, mere than fifteen minutes, without the per- | mission of the house, ‘This motion was 0) — by Mr. Newton, of Masa. Tle | did not like to ga, de pate in this way. He did not make | long speeches himself, but there were some questions | which could not be debated in fifteen minutes time, | Judge Connap supported his motion. | The voto was taken, and the motion carried. The Rey. Dr. Srrvess, of Penn, then read the report of | the Committee of the Board of Missions, The report. re- commended a wider diffusion of missionary intelligence. There were wanting frontier missionaries. The Committee | noticed with pleasure the attempt to awaken the atten- | tion of the » Youn to missionary matters by @ small paper called the Carrier Dove; and the report recommended the circulation of thisepaper. Europe was pouring unen- htened hordes into our country, which also demanded the attention of our missi jew, The report called par- ticular attention to the ltory of Utah, New Mexieo, and California. The Mormon practices ace tions of these Western heathenswere alike insulting to the nation as to the church. The report ended with five resolutions, which, upon motion, were made the order of | the cay this morning at 10 o’elock. The Rey. Dr. Porikn then anked that the Convention re- erive the delegation frem Feronte, who wery then pre- | | payment. In times like these they are no more available | counties and towns of the West, to aid in the construction | | movements have already been made to prevent the levy and the Rey. H. alton, Rural Deans in the diocess of To- ronto, John W. Gamble and John Arnold, Esqs., then were ated to the Chair, who welcomed them to seats in this Convention. ‘The Rev. Dr. Porrer then made a few remarks, expres Tt was then moved to take up for consideration the Canon reported by the Committee on Canons in regard to the use of the Book of Common Pra ‘This motion was carried, and the ing report taken up accordingly:— Revoxr. raeee! ee it Cs ne, to whom were referred certais heres amendments of Canon” XLV. of 1852, respectfully Fepertenid Canon amended, né follows, and recommend t+ jopuen. non in the follow Canon, Ce her prayers shall be used than those preseriled ly’ the said Look. 2, Every bishop may, at, bis digeretion, sat forth the f prayer for his own "to under hig , revocable at his plescu: of public ‘worship in plages where there Orgauisod parishes, and in newly appointed missionary stations—provided that'such forms be oomposed wholly of portions of the Book of Common and that no prayeis be used but such as may Le said book. on XLV, of 1832, is hereby repealed, By crdor of Committee COOPER MEAD, Chairman, Section first ef this Canon was first considered, and with but little dixcussion adopted. ‘The second section exeited some debate; several amend- ments were proposed, each of which called forth a spe- cial discussion, in the midst of which # motion wes made to adjourn. i Bi, The Convention then adjourned till nine o’clock thir morning. eed FINANCIAL AND COMMERCIAL: MONEY MARKET. Wensexpay, Oct. 19—6 P. M. Wa)l street was the scene to-day of another panic, greater im intensity than that of last week. All sorts o Tumors were current relative to failures, and for » time the bulls were horror stricken. Fancy stocks were offered im any quantity at almost any price, and the bears were in high spirits. The excitement slightly subsided as the rumors proved unfounded, and prices partially reeovered. In the street, the leading fancies fell two and three per cent below prices current atthe board, and few pur chasers appeared, even at that depreciation. As the fact regarding the position of certain houses became known, the panic was allayed; and at the second board the morn- ing’e prices were sustained. At the Gret board, New York Central Bonds declined 3¢ per cent.; Erie, 1871, }4; Brie, 1862, 34; Michigan, 1; New Jersey Zine, 4; Pennsylvania Coal, 1; Cumberland, *¢; Parker Vein, %; New York Central Railroad, 1%; Panama Railroad, 1; Erie Railroad, 244; Harlem, 114; Stonington, asi Yer. found in 1; Reading Railroad, 1; Hudson Railroad, 1; New Ha- ven Railroad, $4; Sixth Avenue Railroad, 2. Potosi Lead advanced 44 per cent.; Florence and Keyport, }4. At the second board, Cumberland Coal fell off 44 per cent.; Par- ker Vein, 3s; Eric Railroad, };. New York Central Rail. road improved 3s per cent. The business this afternoon was only to @ moderate extent, but it was principally for cash, A few more panics in Wall street, similar to that of to-day, would sweep some of the fancies entirely out of existence, It is really astonishing tous that there are not mere failures among stock speculators. The fall in prices has been enormous, The loss must fall out of the street. The regular bull speculators of the board, or outside the board, could not have sustained themselves, in the face of such a great and rapid depression, had the differences been on their own account, If the commescial classes bave to brave the brunt of the depreciation in the market value of fancy stocks, it must weaken them ma- terially, and may account partinlly for the fmancial embarrasements and dificulties under which many are now laboring. The steamship Asia, from Liverpool, brings three dayw’ later intelligence from all parts of Europe. The political events are important. The last despatch from London to Liverpool prier to the sailing of the «teamer, confirms the announcement that the Sultan had declared war, and would proceed to hestilities unless the Russians evacuated the Principalities within four weaks. The financial ana commercial advices continue about the same. We have no change to report in any of the leading markets. Speculators in breadstufts must be sadly disap- yointed by the complexion of the circulars. We notice a general advance in the rate of interest on the Continents and no relief in the money markets. At the mining board to-day, the sale were to some ex- tent. There appears to be an active demand for Ulster. 500 shares cold at 244 per cent; 100 do., 24, seller 30 days: 200 Phanix Gold, at % per cent, The steamship Arabia, from this p for Liverpool, to- to pay the interest on the old, until they arrive at matu- rity, they will be cancelled by a new issue, perhaps for & greater amount We do not look for the payment ef any railroad bonds, er those issued on xccount of railreads, i i ure from the intercommanication ‘with the ; poe felegation, who hal now taken their departure | ™oney It is not far out of the way te estimate the ag- from our shores. gregate inmue ef these illegal, unconstitutional, umgasran- teed securities, called corporation bonda, at one hundred million of Cellars, and it appears to us mot at all difficult te forsee the revult. We have already seem the effect of sush a rapid inmue of such securities on our own capitalists, and foreigners will find themselves in « similar position the mement they attempt te realize. These bonds have been pnxbed of in nny way, and at any sacrifice, Everything has, indirectly, been taken in exchange that had @ mar- ket value, and made available for providing the requined fueilities for constructing the different lines ef road, The sole object of the agents an negotiators at home or xbroad has been to get rid of the bonds at the best priee, whatever it was. The details and particulars ef some of these negotiations would astonixh the veriest Peter Funk in this community. The game is now over, Fimanciers of this school, and securities of this class, have had their day, and the time has arrived for taking an observation, and preparing for any emergency that may arise. Such a denperate, reckless course as has beem pursued by those epgaged in the extension of our works of Internal im- provement, cannot continue for any length of time with- out arerious reckoning. The laws of finance cannot be ro outraged without most disastrous results, amd the next six months will hardly sufice to bring about a healthy vtate of things in the financial world, Steck Wrosmeat, Oct. 18, 1888. $3000 Brie Ist Mrt be, 113 2 shs Prkr Va Goal. 12 2000 Brie 2a Mrt bs.c 99 60 do... alm 9 2000 Erie income bs.. 93 300 8000 do 93 120 NewCrek C0008 236 5000 Brie Con ba'tl.3 8734 19 Crystal Palace. 2000 Erie Convt bs 62 884% 10 N. Y, Central R 2000 Hudson Convt ba 87 1000 NY Cn RR ba.b3 924 3500 do......b3 92 10 she Amer Kx Bk. 11834 85 Bnk Nrth Amrica 98 100 Potesi Lead Co... 534 450 Ulster Mining Co. 255 76 Flor and Kprt Co. 635 200 F AK Int Stk.bl0 6 Railroad 100 Nic Trams Co.,.¢ 204; 400 Erie Railroad.... 70 000 ¥% 800 bs 50 ‘ Wie 400 200 204, 200 500 22° (100 100 200 65 15@ 1 266 70 108 70 108 0. ‘10 200 N J Zine 56 100 do. do 55 200 Gold Hill § - 54 10 Penn Coal Co, 500 do. . bo a 41 New Jersey RR... 135 50 Stonington RR.63 60 5 88% 350 do +. 60 838% 40 eB 6015 33% 62 18 ¢ 6 Cin H & DRR.. 11% 65 Sixth avenue RR. ca aaa YA 964 1s SECOND BOARD, ‘26 ¢he Bk N Amrica. 98 50 Hudson River RR. 633¢ 100 Nic Trans Ce.,.83 20% 106 100 N Y Central RR... 150 + BS 200 F& K Jnt Stk.b10 100 Phenix ee 200 Cumb Coal Co.b10 100 do 10e@ de 160 200 Prkr Vn Coal.al0 150 100 83 100 do . 200 Ulster Mining Uo. CITY TRADE REPORT. ; Wrovespay, Oct. 19—6 P, M. Axnis,—There were 40 bbls. bought, at $5 50 for pearly, and $5 874, for pots, per 100 Ibs. Breapsrures.—Flour was dull and lower, theagh un- affected by the Asia’s news, which did not transpire early enongh to influence the market. The day’s sales reaehed 17,000 bbls.—Sour at $650 a $5 75; superfine No. 2, $6 123¢ a $6 3745; ordinary to choice State, $6 623, a $6 $14,; mixed to fancy Western, a1 the same figures; 'y Generee and Ohio, $5 8114 a $6 9324; extra Western, $6 73g & $7 2532; and extra Geneseo. 9: a $7 50. Canadian wan neglected.’ There have been J,400 bbls. Southern pro- | cured at $6 87); $7 64 for mixed to good; $7 06% a $7 25 for favorite, and $7 25 a $7 5014 for faney, per bbl. | Rye flour was less in demand, at only $$ 80 for and 85 for superfine, Gorn fine, meal attracted less notice, at $4124 for Jersey, and day, carried out $1,219,243 in speci ingots. The City Bank of New York has declared a remi-annual | dividend of 5 per cent; the Merchants’ Insurance Com- | pany of Boston, a semi-annual dividend of 10 per cent. | It will be seen by a notice inlanother column, that there | will be sold at the Exchange, at auction, on Saturday, by order of Mosurs. Jacob Little & Co., 6,000 shares Delaware and Hudson Canal stock, and $60,000 of Illinois Central Railroad bends. This iy decidedly a new feature in finan- cial affaire, It appears that parties who have bypothe- cated stocks on call loans, find it difficult to realize on certain securities at the regular board, when called upon to liquidate, and have therefore been compelled to offer | them through some other channel, Sales at auction | generally attract outside purchasers, and the number of | buyers is not so restricted as at the board of brokers. If | this plan is generally adopted, we shall soon have a wider | field for investment opened tham capitalists mow enjoy, | and many securities not usually operated in here will be | attracted to this market. Some prominent auctioneer | might make this an important branch of business. If the capitalints of Europe have no better advices rela- | tive to financial movements on this side of the Atlantic,than | they derive from the circulars which emanate from houses here calling themeelyes bankers, they are in a fair way of being drawn into speculative investments involving serious losses, and the revival of all those prejudices against our securities generally which a few years since were so | prevalent throughout Europe. Asa sample of the infor- | mation conveyed in those circulars, we annex an extract from one signed De Coppet & Co, cotton brokers, we be- | lieve somewhere im the lower part of the city :— The unfavorable news from London and the Euro | Continent, the unexpected failure of a heavy} jobber in th " funds and railroad bonds in consequence of excessive ad- | vances, the articles publisheé by a certain unscrupulous | ly paper in relation to the pretended illegality of cer- | jain values, (written with a purely rpeculative object,) > and the prolonged and constantly ‘increasing scarcity of money, suddenly produced & lack of confidence long | unknown in our market, and have occasioned great agita. tion there for two or three days past. In cousequence of | principally in gold this, fancy (or speculative) ‘stocks have experienced a heavy decline ; stocks upon investment have found but. | few purchasers, and have even, in many instances, been forced to sale at a Yery considerabls reduction of price. Our quotations for this circular will necessarily be in | many cases, merely nominal, To-day the movements of our market are already calmer and more lar; fancy stocks have recovered, while there is less disposition to sacrifice stock for the sake of gaining ready resources, and more inclination to profit b; the fall. Nevertheless, extreme caution is observed in all transactions; especially in the comparative new values of the industrial and railroad companies. The effect of this will be the postponement until a more propitious period @f.the execution of new enterprises, amd the a plication of'all disposable resources to the completion of the lines yetremaining unfinished. Whatever may be the tempo- Tary difficulties that await some of these, the brilliant re- sults presented bi tt of the completed lines are such an to strengthen the conviction thatthe present fall of prices does not in the least dezree change the intrinsic value and the solidity of the obligations of the railroads y finished or ina position to have seme available revenue, Here is a fine story for European capitalists to ponder over. If any are deceived by the s'atements here made, they are more gullible than we are, disposed to believe. Now, it is natural enough for those wh) deal im certain elaseen of securities to give them a good name, aad in duce investments to as great an extent as possible, The ease of wecurities referred to bear such a character in | this community that our shrewdost capitalists wi not touch them, and certain parties, who have become deeply involved with them, have been compelled to suspend | than so much blank paper, and those who have pur- chased them at any price find them a heavy dead.” weight to carry, The bonds issued by the cities, of railroads in that section of the country, are illegal, and | of taxes to meet any accruing intorest. In several in stances the amount of bonds issued by towns is greater than the aggregate value of real estate within their limits, ‘and the most reckless system has been pursued in involy ing corporations in the construction of railroads, when not the slightest benefit appeared evon in the prospective. All may go along quietly, smoothly enough so long as the railroad companies continue to pay the interest om the bonds issued for their advancement out of the amount re- ceived by forced sales at auction. So long holders may be humbugged by the statements of those who act as agents | of foreign capitalists; but the moment it requires a airect tax upon the people to pay the interest, there will be any quantity of repudiation, delinquency, &e. Kt is our firm convietion that not the first one of thie eloen of Bonde will ever be paid, Jf the guedit ef any o | after, ; ried from 60c. to Ge. | 100 boxes cluster doe at $230. $4 50, for Brandywine. Wheat was likewise less sought The day’s operati included 21,000 bushels good to prime Genesee white, at $1 54 1 $157; 20,000 Michigan. $1 54; 4,200 poor Southern do., at $1 43; 000 Ohio do., at $1 42 a $1 44; and 2,800 Canadian red, at $142. Some 2,000 bushels rye brought 92c. Barley was scarce, and held at $1 ':c. a 873¢c., per bushel; State and Western oats commanded quickly 4045c, a 513e., per bushe}). Corn was in diminished request, at reduced figures, ‘The day’s sales embraced 35,000 bushels, at Ti dsc. @ 79c., for unsound; 90¢. a Blc., for mixed Southerm and Western; and 62c. a 83c., for yellow Jersey and Southern. Corron.—The sales to-day were 1,750 bales—priees still continue to favor the buyer. The Asin’s news was receiv- ed after the close of business. The cotton brokers had ap informal meeting to-day, and decided to form an asnocia- tion to agree upon » uniferm classification, and to report daily the correct amount of sales, and tone of the mar- et. - tices of 400 bags Rio were effected, at Jc. per Fish were plentier, and not quite so dear. The week's transaetions consisted of 7,600 quiatals dry cod, at $3 3736 a $3.62; 2,200 bbls. mackerel, closing at $17 a $16 for lange ‘and «mall No. 1; $12 for No. 2; and $8 60 for No. 3; with 7,00 bexes smoked herring, closing at $5¢. for Ne. 1, and 65¢. for sealed. Faxigum,—Before the news some 16 000 or 20,000 bush- els wheat were ¢1 for Liverpool, at 14d., in bulk, at 4s. To Lendon, about 20,000 and 400 a 500 bbls. ‘bushels wheat were engaged, at 163;d., in bulk. To Havre, ® vessel was e1 to load with wheat at 24c., and four at #5e., and 20,000 bushels wheat besides were ¢: at 24c. ; 6,000 bbla. flour, at ic, To Hamburg, 400 naval stores were #old nt os. To California, freights va. er fcot, measurement. No en- gegements of freights of moment were reported after the receipt of the Asia's news, for Europe. Frory.—Nothing ef any consequence transpired ip pri- vate to-day. Sales were mado by auction of 460 boxes Malaga raisins, at $8 25 a $3.36; 400 half boxes do. do., at $1758 $177 300 quarter boxes do. do., at 0c Hay.—Abeut 1,000 bales river wore taken for shipment, at 100, Larns.—Fasterm remained in brisk request, at $2 1244 per thousand. Motsseme.—The ‘s transactions imcluded 250 bbds. Cuba, part muscovado, at 25c. per gallon. LravneR—The trade has shown symptoms of d@ulness within the last few days; prices are not so stiff as the | Were a week ago. The shoe trade being over for the the manufacturers are making but few purchases leather at present, and but little demand come front that i until December or January next, when pre parations will be making for the spring trade. One of ‘two other causes are operating adversely upon the market one is the advance in freight to Kurope, and the views of the ewners of leather being above those of the exportera, thereby putting a stop to shipments abroad; another ie, the stringency in the money market, which tends toa curtailment of credits and a closer selection of paper. AD these causes are operating to create a slight uneasiness as to the future, It is known that the Regie oe | prosperity of the country has led to an consumption of leather, as well as of other articles. ‘This increase is subject to severe contraction nader a lengthy stringency in the money market, as at present indicated. An unexpected falling’ off in the consumption would soon lead to the discovery of heavy stocks of leather en hand, where now they seem light, and an anxiety to sell would soon be fen! ending with the usual results of heavy lesses and failures. At present the raw material is uncommonly high in A it takes double the capital to purchase the o: stock of hides to what it took four years ago; » fall of an} extent in the price of the manufact article wo therefore be felt very severely, and the consequences would prove extremely disastrous. On this account, the more cautious in the trade p: halting and —— the profite they have already made, to pursuing a - ous game beyond reasonable limite. We make no material alteration in our quotations, further than a concession to first class buyers of half a cent a pound on sole leather. , Or1e—Whale, sperm and olive continued as last no- ticed, Lipreed was in demand at 3c. and held at 750. @ The sales em- 117 for mess; scarce ‘786. per gallon. Provisiovs.—Dork Sypeared inanimate. braced only 400 bbls. Western, at and $13 50a $13 621 for pri and nominal. There were 200 b! a12\c, perl. The transaction 200 bbls. at former quotations. reviourly sper, 1. Fxratr.—Sales at Auction—by Albert H. Nicolay— land, it five miles from Vanderbilt's Y and tem acres ot land, $7,060; 1 lot on Plank road, about © acres, $1,200; 1 di je., $1,475; 1 do, on do. $2,000;'1 do, on de., 9 do., $1,300; $1,200; 1 do, on Pallion 4-5 do. fronting the beach, 11 do, 3,076; 1 do. fromth 10% da, $3,000; 1 do. en Leveridge avenue, 7% do, 1 do. on do., 5% di 150; 1 do. om Jo $35 do", $1,875; 1 do, endo, do., 1034 do. 16. on plank road, 22 8.5 do, $3,104;" house and 7 seree of and on plank read and Bowne $8,035; 1 corner plank road and joe treet, 336 $7 : 1S, do. on , F 416 00 9000: ‘on do., Bi, do., $8: ? p 4 46, 546 do., $i s6'do., $1,276; 1 0. Big de, $1 Chena @do., $800, Srcars.—The day's sales amounted te 600 hhds. Ouba at 43g. a be.; 40 New Orleans at 53¢¢.; and 100 bbls, brown Havana, on private terms. SOay tee Butcher's Association claimed for prime, 12¢. per Ib, Tonacco.—Sales were made of 20 hhds. Kentucky, Oa¢c.; and 63 bales Havane on private terms, a“ : = KRY, Westers and prisom aken w a